Monday, November 23, 2020

Sabah, Sarawak receive biggest allocations in Budget 2021

Allocations for six states exceed 30% of the entire budget for development.

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Budget 2021 saw nearly all states in the country receive an increase in allocations with Sabah and Sarawak given the biggest shares.

Finance Minister Tengku Zafrul Aziz said Sabah received RM5 billion for 1,039 projects, an increase of 297 from before.

Sarawak meanwhile received RM4.5 billion for 781 projects compared to 619 in 2020.

Zafrul said total allocations for the six states with the lowest income exceeded 30% of the entire budget for development.

Kelantan, Kedah, Terengganu and Perlis also received high allocations although the allocation for Perak was reduced as the defence ministry’s project in Lumut was not seen as having an impact on the people as a whole.

The Economic Planning Unit will conduct annual reviews for project approvals to ensure that development projects run according to plan.

The Implementation Coordination Unit meanwhile will be tasked with monitoring the progress of current and future development projects in each state.

The Laksana unit under the finance ministry will also monitor projects, especially measures under the government’s stimulus packages, to ensure optimum outcomes and value for money.

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